TokenFi, Chainlink partner up: Will FLOKI see a boost?

November 29, 2023

By Aniket Verma

• Chainlink brings with it expertise in powering RWA projects.

• TOKEN recorded impressive monthly gains of 68.4%.

TokenFi [TOKEN], the sister project of popular meme coin Floki [FLOKI], will debut its much-touted real-world assets (RWA) tokenization platform in 2024.

The high-stakes project is an attempt to grab a piece of the growing tokenization industry, which is anticipated to balloon to $16 trillion by 2030.

The important link

The team announced that Chainlink [LINK], along with other key partners, will provide tech support to the upcoming module.

TokenFi went on to say that the RWA platform will make use of Chainlink’s flagship products such as the Chainlink Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR).

TokenFi’s collaboration with Chainlink is a significant accomplishment, given the latter’s long history of providing RWA tech infrastructure.

Having enabled more than $9 trillion in transactions already, Chainlink’s arsenal of sophisticated products is powering the growth of RWA platforms.

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